Omar Saeed is to join the firm upon his appointment receiving regulatory approval, reporting to LGIM’s co-head of global fixed income Anton Eser.
Saeed will target high-yielding and absolute return using an active multi-return approach, in line with the strategy currently employed by the existing team.
Prior to the announcement he was head of global high yield at Swisscanto Asset Management, and his CV includes positions with Western Asset Management, F&C Asset Management and Standard & Poor’s.
Eser said: “Omar’s appointment adds further depth to our ability to dynamically manage multi-strategy and absolute return credit products across all fixed income asset classes globally.”